Omitted
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....imposed, it may extend the period of such imposition for a period not beyond the period often years from the date on which the safeguard duty was first imposed." 4. Omitted vide Section 140 of the Finance Act, 2016 w.e.f. 14-05-2016 before it was read as, ^1"[8C. Power of Central Government to impose transitional product specific safeguard duty on imports from the People's Republic of china.- (1) Notwithstanding anything contained in section 8B, if the Central Government, after conducting such enquiry as it deems fit, is satisfied that any article is imported into India, from the People's Republic of China, in such increased quantities and under such conditions so as to cause or threatening to cause market disruption ....
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....one or in a special economic zone. Explanation- For the purposes of this section, the expressions "hundred per cent, export-oriented undertaking", "free trade zone" and "special economic zone" shall have the meanings respectively assigned to them in Explanation 1 to sub-section (1) of section 3 of the Central Excise Act, 1944 (1 of 1944). (4) The duty chargeable under this section shall be in addition to any other duty imposed under this Act or under any other law for the time being in force. (5) The duty imposed under this section shall, unless revoked earlier, cease to have effect on the expiry of four years from the date of such imposition: ^3[Provided that if the Central Government is of the opinion t....
TaxTMI
TaxTMI